Housing Wire

SEPTEMBER 23, 2021

Appraisal management company Clear Capital is looking to beef up tech tools for its network of appraisers, and it is doing so through an acquisition. The two are well acquainted – Clear Capital already utilized CubiCasa’s digital gross living area technology. How do remote valuation solutions benefit appraisers?

Technology 343

Technology Industrial Mortgages As-is 343

Housing Wire

JANUARY 8, 2024

Change Chief Production Officer Jon Irvine describes how the company plans to navigate the next five years amid higher interest rates , a growing affordability crisis and other macro-economic headwinds. HousingWire: How do you view the lending landscape for 2024? JI: We knew consumer demand would be there if people knew about our products.

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Lending Investor Finance Development 327

Housing Wire

APRIL 11, 2024

Editor in Chief Sarah Wheeler sat down with Scott Smith, interim CEO at Optimal Blue , to talk about the right tech investments to make now and how the company plans on keeping its customers for life. I think we have the most comprehensive end-to-end capital market platform. 1 provider today and our plan is to keep it as the No.

Technology 363

Technology Investor Closing Development 363

Housing Wire

AUGUST 1, 2023

Stavvy and Brace’s unified services are set to deliver an unparalleled solution, encompassing every critical stage of default servicing – from the initial homeowner inquiry to the ultimate resolution,” Kosta Ligris, CEO and founder of Stavvy said in a statement.

Lending 306

Lending Title Technology Staging 306

Housing Wire

AUGUST 17, 2022

Inco-Check, a provider of QC and audit solutions, was founded in 2000 and acquired in May by Narrow Gauge Capital. We are proud of our heritage and excited about our plans to further assist our client partners with their enterprise quality control, audit and risk management needs.”.

Loans 341

Loans Branding Banks Investor 341

Housing Wire

FEBRUARY 17, 2021

The FHFA released its 2021 Scorecard for Fannie Mae , Freddie Mac and Common Securitization Solutions on Tuesday, adding new resolution planning requirements for the GSEs. The rest of the 2021 Scorecard aligns the 2019 Strategic Plan with the Enterprises’ tactical priorities and operations. .

Lending 406

Lending Finance Technology Development 406

Housing Wire

AUGUST 16, 2022

Voxtur, which has been on a buying binge over the last few years, plans to combine Blue Water’s capital markets SaaS platform with its own constellation of real estate solutions. Blue Water provides asset valuation, MSR distribution, MSR hedging and digital solutions to MSR investors and mortgage lenders.

Technology 284

Technology Equity Investor Construction 284

Housing Wire

APRIL 19, 2022

Those new investments include venture capital plays, particularly in the financial-technology arena. Redwood is not backing away from its venture capital pursuits. LeaseLock , another insurtech platform that provides a low-cost solution for tenants to cover their security deposit without the upfront cash outlay.

Equity 333

Equity Technology Investor Residential 333

Housing Wire

FEBRUARY 21, 2024

Representing the broker side are Elena Boland of Wholesale Mortgage Services , Joseph Dionne of appli Home Loans , Major Singleton of Edge Home Finance and Daniel Iskander of West Capital Lending. BAC plans to announce state legislative leadership in the coming weeks.

Lending 368

Lending Finance Loans Mortgages 368

Housing Wire

AUGUST 22, 2022

Mortgage startup NFTYDoor plans to launch a home equity platform, promising borrowers “a one-minute online application and funding in as little as three days.” Prioritizing home equity solutions in a rising rate environment. “Our platform is a plug-and-play home equity solution for lenders.

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Equity MLS Renovation Loans 317

Housing Wire

JANUARY 27, 2022

The new capital will be invested in an “aggressive” hiring plan and technology expansion. The round is led by the venture capital firm Andreessen Horowitz , with participation from new investor Zigg Capital and seed investors Conversion Capital and Bain Capital Ventures. The company targets the $2.6

Mortgages 338

Mortgages Loan Officer Investor Loans 338

Housing Wire

JANUARY 6, 2022

The government-sponsored enterprises must do this by setting a plan every three years, dubbed Duty to Serve, that provides lending liquidity and preservation goals for manufactured, rural, and affordable housing. A spokesperson said that discussing the plans shortcomings would not be productive for the resubmission process.

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Land Loans Title Lending 514

Housing Wire

MARCH 17, 2021

Lovell Minnick Partners , a private equity firm that acquired ATTOM Data Solutions in 2019, announced Wednesday morning that it’s diving further in to the housing space with the acquisition of UniversalCIS. With Lovell Minnick’s capital in place, Perry said UniversalCIS plans to continue its acquisitions tear.

Equity 378

Equity Technology Lending Title 378

Housing Wire

JULY 8, 2021

Private equity firms Flexpoint Ford and Vestar Capital Partners have bought Lereta LLC , a provider of real estate tax and flood solutions for mortgage servicers, the companies announced this week. ” Flexpoint Ford is a private equity investment firm that has raised more than $5 billion in capital.

Equity 333

Equity Commercial Technology Loans 333

Housing Wire

NOVEMBER 30, 2023

Editor in Chief Sarah Wheeler sat down with Kenon Chen, executive vice president of strategy and growth at Clear Capital , to talk about appraisal modernization and how technology is just part of the solution. SW: Getting accurate square footage and floor plans has been a thorn in the side of the GSEs and agencies for years.

Loans 408

Loans Technology Days on market Investor 408

Housing Wire

JANUARY 5, 2022

“These targeted pricing changes will allow the enterprises to better achieve their mission of facilitating equitable and sustainable access to homeownership, while improving their regulatory capital position over time,” said Thompson. During her tenure so far as FHFA acting director, Thompson has made affordability a top priority.

Loans 518

Loans Finance Mortgages Title 518

Housing Wire

FEBRUARY 26, 2024

Such seasonality can be attributed to factors such as market demand, operational efficiencies, and strategic marketing efforts tailored to capitalize on seasonal trends. David Pittiglio is the CEO of Streamlined Business Solutions.

Staging 320

Staging Banks Residential Agents 320

Housing Wire

JUNE 29, 2022

Boston fintech firm Knox Financial plans to expand its lending business and loan products with $50 million in funding it received from a real estate advisory firm. KEAP loans give homeowners access to capital, based on the equity in the home, to turn it into an investment property with Knox. Presented by: ServiceLink.

Loans 312

Loans Equity Lending Mortgages 312

Housing Wire

DECEMBER 22, 2020

New York-based mortgage lender InterContinental Capital Group plans to make a big investment in Charlotte, North Carolina. million capital investment, North Carolina Gov. The tech solution giving community lenders an advantage. The lender will add 500 jobs in Charlotte over the next five years as a part of a $5.8

Loans 374

Loans Technology Development Sales 374

Housing Wire

JUNE 29, 2022

His previous experience includes vice president positions at Wells Fargo and Fannie Mae, where he oversaw national sales and capital markets teams. Since the company said it plans to have a larger presence in the Western region of the country, Angel Oak launched three branches in California, Nevada and Utah in December.

Loans 303

Loans Sales Lending Mortgages 303

Housing Wire

DECEMBER 1, 2021

Real estate tech provider Accurate Group announced on Tuesday the acquisition of eMerge Property Solution for an undisclosed sum, three months after receiving a strategic investment from Novacap. In August, the company received a strategic investment by the private equity firm Novacap to accelerate its growth plan.

Title 341

Title Technology Inspection Closing 341

Housing Wire

AUGUST 23, 2022

HousingWire recently spoke with Kenon Chen, Executive Vice President of Corporate Strategy at Clear Capital, about desktop appraisal adoption and appraisal modernization. I applaud the GSEs for requiring a minimum standard of available data and digital floor plans to ensure the desktop appraisal process is more robust.

Industrial 296

Industrial Technology Loans As-is 296

Housing Wire

MAY 3, 2022

Fintech and fractional home-equity lender Point has raised an additional $115 million through a Series C fundraising round led by venture capital firm WestCap. The capital will be used to accelerate Point’s growth in the $25 trillion home-equity market, according to the company’s co-founder and CEO Eddie Lim. Point raised about $30.4

Equity 390

Equity Investor Loans Residential 390

Housing Wire

DECEMBER 17, 2021

Blank check company Southport Acquisition Corporation concluded on Tuesday a $230 million capital raising to pursue acquisitions mainly in mortgage and real estate verticals in the United States. . The SPAC’s CEO is Jeb Spencer, co-founder of the equity fund TVC Capital and former chair for the board’s M&A committee at Ellie Mae.

Mortgages 414

Mortgages Equity Title Technology 414

Housing Wire

JANUARY 11, 2024

Do you have a plan for how the affiliated operation will capture new business — and not just from your own operation? Finally, geography — often the impetus for building an ABA or entering a partnership with a title agency — is a major factor in planning an affiliated title operation. Have you arranged for sufficient capitalization?

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Title Brokerage Construction Closing 403

Housing Wire

FEBRUARY 21, 2024

Texas Capital Bank (TCB), a warehouse lender that is suing Ginnie Mae over loans made by TCB to now-bankrupt lender Reverse Mortgage Funding (RMF), has objected to a motion by U.S. TCB plans to directly challenge the government’s motion to dismiss in a filing expected Wednesday.

Banks 340

Banks Staging Loans Mortgages 340

Housing Wire

JULY 31, 2023

Mike Cagney’s Figure Technologies laid off 20% of its staff and plans to take its profitable lending business public next year, Bloomberg reported. That market capitalization, along with the company’s other assets “should put us comfortably ahead of last round price” Cageny said, referring to Figure’s latest $3.2

Lending 286

Lending Equity Banks Loans 286

Housing Wire

JANUARY 31, 2022

Stewart’s investments reflect the important role lender services plays in its overall plan to become the premier title services company. Over the past two years, the lender division has focused on two things: growing in size and scale and adding new capabilities to serve customers needing multi-state and national solutions.

Title 372

Title Technology Investor Industrial 372

Housing Wire

AUGUST 12, 2020

This morning, Blend President Tim Mayopoulos (and former CEO of Fannie Mae ) told me that Blend didn’t necessarily “need” the funding but saw the value in accelerating its product development plans. To that end, Blend plans to use the new capital to invest in product development such as speeding up the release of its digital closing solution.

Loans 488

Loans Banks Loan Officer Branding 488

Housing Wire

JANUARY 31, 2021

Whether they’re working with borrowers on forbearance plans or helping them refinance their homes, servicers are handling incredibly high call volumes. And during these hectic times, they could benefit from a solution that manages their portfolio to ensure they’re making well-informed decisions. Duane Andrews, CEO.

Loans 228

Loans Technology Development Inspection 228

Housing Wire

FEBRUARY 16, 2023

In his new role, Seehausen will work with the leadership team at LauraMac, overseeing strategic planning and developing new and existing products. “I Prior to joining LauraMac, he served as a principal at LauraMac’s parent company Calterra Capital, where he continues to be an executive advisor to personal holdings.

Loans 284

Loans Principal Technology Development 284

Housing Wire

OCTOBER 16, 2023

These steps will provide the market greater certainty about the Fed’s rate path and its plans for the MBS portfolio and reduce volatility for traders and investors, the organizations noted. “We ” He said that the proposed new capital increases for banks “are a dagger aimed at the heart of the housing market.”

Fixed-rate mortgage 361

Fixed-rate mortgage Banks Lending Mortgages 361

Housing Wire

SEPTEMBER 1, 2022

The move follows Rocket Mortgage ‘s roll out of home equity loans in August as the firm tries to capitalize on Americans’ strong home equity positions. . are companies that plan on launching home equity line of credit products (HELOC). loanDepot and New Residential Investment Corp.

Equity 369

Equity Loans Banks Mortgages 369

Housing Wire

AUGUST 4, 2022

Tech-focused real estate brokerage Radius , flush with $14 million in venture capital raised this past April, has launched a mortgage lending arm in California that it plans to roll out to additional markets sometime next year. We’re following the tried-and-true VC [venture capital] path,” Kasle said.

Lending 391

Lending Brokerage Mortgages Banks 391

Housing Wire

MARCH 1, 2023

Change in uninsured losses As of late, however, the uninsured losses are being absorbed by other stakeholders in the housing finance system, including mortgage lenders, mortgage servicers, private mortgage insurers, government agencies, capital markets investors, and the government-sponsored enterprises.

Industrial 333

Industrial Banks Loans Design 333

Housing Wire

APRIL 6, 2022

Although injecting liquidity into the system initially led mortgage rates to plummet, the Fed’s plan to finalize its tapering of MBS purchases could soon send mortgage rates soaring. While lenders may be facing a steep volume decline in comparison to last year’s refinance boom, now is the perfect time to begin planning for the future.

Mortgages 340

Mortgages Industrial Lending As-is 340

Housing Wire

NOVEMBER 30, 2020

The Mortgage Collaborative, an independent cooperative network in the mortgage industry, today announced the launch of TMC Emerging Technology Fund LP, a venture capital program funded by a self-selected segment of TMC members to capture opportunities driven by the rapid pace of technological change in the mortgage sector.

Technology 358

Technology Mortgages Due diligence Commercial 358